Consumer Algorithmic Trading
Wouldn’t it be great if you’re driving by the local gas station and your in-car computer tells you that if you were to stop RIGHT NOW and fill up your tank you could fill the whole thing for $1 a gallon? If cars could talk to gas stations and tell them exactly how much gas you need and gas stations could talk to suppliers and find out how much they have sold this week and then add in other variables like nearby competitors, latest trends in the area, days of the week, and how low the station is willing to go on price etc. You could essentially apply the idea of Algorithmic Trading on a consumer scale.
Let’s say I walk into an electronics store and my phone registers me with the store’s computer. They would know I’m looking for a new TV. Well, they haven’t sold enough TVs this week, so I get a text message giving me a $100 off the model I’ve looked at online.
Doesn’t this sound good? Sign me up.
